Friday, 22 July 2022 05:22
Tesla's revenues in the second quarter exceeded analysts' expectations
The company Tesla announced that the yield per share in the second quarter exceeded analysts' forecasts, and that revenues were higher than expected. The auto giant announced that the yield was $2.27 per share, and the total revenue was $16.93 billion. Analysts polled by Investing.com had expected earnings of $1.86 per share and total revenue of $16.52 billion. Tesla shares…
Friday, 22 July 2022 05:19
Electric Alpine A110 E-ternite Concept
French Alpine presents the electric A110 E-ternite Concept, as an announcement of the future of their electric vehicles. This is also a hint of the techniques that Alpine's next-generation cars will use to reduce weight and maintain agility. Unveiled on the 60th anniversary of the Alpine A110, the A110 E-ternite Concept is not only their first electric car, but also…
Thursday, 21 July 2022 06:23
Citroen Ami: Success that knows no bounds
In April 2020, Citroën went on sale, bringing a surprise to the micro-mobility market thanks to a design designed to be affordable. Popular and inspiring, it is at the center of many events, such as Fashion Week in Milan or the Youth Sports Games in Brussels. Citroën Ami is already sold in 9 European countries, and since June also in…
Tuesday, 19 July 2022 08:02
Stellantis terminated cooperation with Chinese GAC
Stellantis has officially confirmed the termination of the joint venture with Guangzhou Automobile Group Co. (GAC) in China. On the other hand, Stellantis will retain its second Chinese joint venture with Dongfeng, after reaching an agreement on a share buyback framework a few days ago. The Stellantis-GAC joint venture, which began operations in 2010 as FCA-GAC, has produced several Jeep…
Monday, 18 July 2022 06:39
2023 Jeep Wrangler
Facing stiff competition from the Ford Bronco, Jeep has made a number of minor updates to the Wrangler for the 2023 model year. Some of those updates will include two new exterior colors, called "Earl" and "Reign." The first of these is a simple shade of gray with aquamarine details that will replace "Snazzberry" (dark red), which was offered with…
Thursday, 14 July 2022 08:43
Software issues could delay several Audi, Porsche and Bentley electric models
Automobilewoche writes that Audi, Porsche and Bentley may have to rethink their plans for electric vehicles as a result of problems arising at Cariad, the software development subsidiary of the Volkswagen Group. The aforementioned publication cites unnamed company sources who claim that Audi's new flagship electric vehicle, which is being developed as part of the Artemis project, could be launched…
Wednesday, 13 July 2022 06:13
Toyota remains without subsidies for EVs
Toyota joins Tesla and General Motors, which have already lost access to subsidies after hitting a sales cap. More expensive vehicles for consumers Toyota is the latest automaker to lose federal tax credits in the US and will join Tesla and GM, companies that have already lost their eligibility for $7,500 in subsidies. According to Bloomberg reports, the company exceeded…
Monday, 11 July 2022 05:21
Analysts have very different views on Tesla's prospects
Elon Musk on Friday backed away from his $44 billion takeover proposal for Twitter. Twitter announced the lawsuit, sending its shares down six percent in after-hours trading on Friday. Tesla shares are up ten percent in the last seven days, but forecasts are very different. Deutsche Bank believes their price is still attractive despite supply chain issues, raising their price…
